tiprankstipranks
Trending News
More News >

Yestar Healthcare Reports Significant Profit Increase in 2024

Story Highlights
Yestar Healthcare Reports Significant Profit Increase in 2024

Confident Investing Starts Here:

Yestar Healthcare Holdings Co Ltd ( (HK:2393) ) has issued an update.

Yestar Healthcare Holdings Co Ltd announced its annual results for the year ended December 31, 2024, reporting a significant increase in profit from continuing operations, reaching RMB 902,977,000 compared to RMB 1,478,000 in the previous year. This improvement is attributed to a substantial gain on the extinguishment of senior notes and a reduction in finance costs, despite a decrease in revenue and an impairment loss on non-financial assets. The results indicate a positive shift in the company’s financial health, potentially strengthening its market position and offering reassurance to stakeholders.

More about Yestar Healthcare Holdings Co Ltd

Yestar Healthcare Holdings Co Ltd is a company incorporated in the Cayman Islands, operating in the healthcare industry. The company and its subsidiaries focus on providing healthcare-related products and services.

YTD Price Performance: 66.67%

Average Trading Volume: 2,633,421

Technical Sentiment Signal: Hold

Current Market Cap: HK$233M

For an in-depth examination of 2393 stock, go to TipRanks’ Stock Analysis page.

Disclaimer & Disclosure

Looking for a trading platform? Check out TipRanks' Best Online Brokers , and find the ideal broker for your trades.

Report an Issue

Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App